In almost every country, going to college and getting a proper education isn’t free, unfortunately. An education is even expensive as hell and financing it on your own is quite difficult. Sure, you can get a loan, but since you will have to pay it all back including an interest this option isn’t ideal either.
So, it was about time we got a new system like EdAid. This brainchild of Thomas will change the way we fund higher education. He took the successful concept of kickstarting and crowdfunding and transferred it to the financing of college. EdAid allows people to invest in your education and is like a financial technology market place. These people could be friends and family who want to make a small investment in you and your future, but also investors who think you’re worth investing in. For instance, people who are interested in your field of education and want to boost the research in it or who believe in you making a difference.
If you want to get investors to fund your education, you just create a profile on the EdAid website and promote your appeal. After your studies, you pay back the money without interest. Who knew funding your education could be so simple?
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